SHE:002115 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	733.11	736.83	806.76	1,046	1,229	1,018
Trading Asset Securities	170.79	209.83	255.36	182.7	67.87	20.24
Cash & Short-Term Investments	903.89	946.66	1,062	1,228	1,297	1,039
Cash Growth	-10.42%	-10.87%	-13.53%	-5.27%	24.83%	10.27%
Accounts Receivable	1,015	751.34	897.2	1,002	871.4	782.63
Other Receivables	11.5	28.15	26.4	58.13	53.88	49.17
Receivables	1,027	779.49	923.61	1,061	925.28	831.8
Inventory	154.23	142.86	372.08	433.1	353.22	295.23
Other Current Assets	242.81	284.43	253.14	270.23	308.97	223.71
Total Current Assets	2,328	2,153	2,611	2,992	2,884	2,389
Property, Plant & Equipment	1,096	1,102	1,028	900.88	762.81	588.3
Long-Term Investments	161.71	178.82	169.75	173.34	196.56	220.39
Goodwill	90.49	90.49	330.73	330.73	330.73	1,129
Other Intangible Assets	51.54	53.57	62.35	80.2	67.25	89.37
Long-Term Accounts Receivable	48.99	84.96	62.84	-	-	-
Long-Term Deferred Tax Assets	54.17	51.44	41.38	40.66	36.23	28.11
Long-Term Deferred Charges	4.6	5.58	6.9	9.4	52.31	164.67
Other Long-Term Assets	42.47	50	70.13	41	42.48	43.96
Total Assets	3,878	3,770	4,383	4,568	4,372	4,653
Accounts Payable	563.58	579.6	757.44	882.23	908.35	831.24
Accrued Expenses	68.32	79.41	82.58	94.67	69.67	60.48
Short-Term Debt	289.67	170.71	342.22	432.47	210.79	74.09
Current Portion of Long-Term Debt	162.47	118.49	12.21	77.27	265.96	149.5
Current Portion of Leases	-	20.23	16.51	13.14	8.91	-
Current Income Taxes Payable	25.52	15.57	25.72	18.79	34.48	48.53
Current Unearned Revenue	341.57	337.05	341.76	360.89	292.19	447.68
Other Current Liabilities	123.06	104.9	103.68	127.07	110.06	104.92
Total Current Liabilities	1,574	1,426	1,682	2,007	1,900	1,716
Long-Term Debt	78.08	114.9	185.26	55.24	93.64	321.55
Long-Term Leases	31.97	28.52	30.98	31.31	22.36	5.85
Long-Term Unearned Revenue	13.03	14.07	19.64	25.99	29	32.49
Long-Term Deferred Tax Liabilities	-	-	-	-	4.57	4.71
Other Long-Term Liabilities	5.95	6.12	5.97	12.76	7.27	5.87
Total Liabilities	1,703	1,590	1,924	2,132	2,057	2,087
Common Stock	810.99	810.99	810.99	810.99	818.66	716.96
Additional Paid-In Capital	1,548	1,549	1,556	1,571	1,577	1,226
Retained Earnings	-242.75	-245.63	41.94	-13.45	-154.78	549.44
Treasury Stock	-45	-45	-45	-	-	-
Comprehensive Income & Other	2.88	26.61	6.39	12.51	24.01	6.7
Total Common Equity	2,074	2,096	2,370	2,381	2,265	2,499
Minority Interest	99.96	84.74	88.63	55.19	50.16	66.7
Shareholders' Equity	2,174	2,180	2,459	2,437	2,315	2,566
Total Liabilities & Equity	3,878	3,770	4,383	4,568	4,372	4,653
Total Debt	562.19	452.85	587.19	609.43	601.65	550.99
Net Cash (Debt)	341.7	493.82	474.94	618.87	694.95	487.73
Net Cash Growth	-25.55%	3.98%	-23.26%	-10.95%	42.49%	-
Net Cash Per Share	0.42	0.61	0.59	0.76	0.96	0.68
Filing Date Shares Outstanding	805.04	805.04	805.04	810.99	818.66	716.96
Total Common Shares Outstanding	805.04	805.04	805.04	810.99	818.66	716.96
Working Capital	753.34	727.49	928.83	985.63	983.68	673
Book Value Per Share	2.58	2.60	2.94	2.94	2.77	3.49
Tangible Book Value	1,932	1,952	1,977	1,970	1,867	1,281
Tangible Book Value Per Share	2.40	2.42	2.46	2.43	2.28	1.79
Buildings	-	480.89	479.99	788.32	672.24	563.08
Machinery	-	331.47	328.8	296.76	283.45	236.55
Construction In Progress	-	13.09	10.05	96.98	67.46	22.89

Source: S&P Global Market Intelligence. Standard template. Financial Sources.